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Investor Relations > News Room > News Release Index >
News Release - 15 Jun 2001
Jointly Issued By LifeMedic And United Overseas Bank Launch Of The UOB-LifeMedic VISA Gold Card Singapore, 15 June 2001 _ United Overseas Bank Limited (UOB) and LifeMedic Pte Ltd have teamed up to launch, today, the UOB-LifeMedic VISA Gold Card, a unique card that combines the functions of a credit card and an electronic emergency medical history alert. The UOB-LifeMedic VISA Gold Card is designed to be the essential lifestyle companion. In addition to all the freedom and benefits of a UOB Gold Credit Card, the UOB-LifeMedic VISA Gold Card also supplies doctors with the vital medical information of Cardmembers through LifeMedic's Medical History Record Delivery system. UOB-LifeMedic VISA Gold Cardmembers will also enjoy the full range of privileges, currently available to LifeMedic™ members, including preferential corporate rates at a panel of general practice, dental, specialist and physiotherapy clinics and an array of other affiliates. The LifeMedic™ Card is a valuable tool for doctors around the world. LifeMedic™ members enter their vital medical information such as drug allergies, medical conditions, past surgeries and current medications into their personal records contained in the system. Doctors can then retrieve this information from LifeMedic's web site, at www.lifemedic.com, and a 24-hour automated fax service using the name and 16-digit number printed on the Card. "We felt that a credit card is a convenient and efficient channel to grant doctors access to our information delivery system and expedite our mission to save some of the lives that are lost each year to preventable medical errors," said Dr Toh Keng Kiat, LifeMedic's Chairman. "As most people already carry credit cards with them wherever they go, we can help decrease the amount of plastic that people carry and still offer them the protection and benefits of LifeMedic™ membership." "With the ability to provide on-the-spot medical history, multilingual access and the 24-hour LifeMedic™ Assist Hotline that advises LifeMedic™ members when they require medical attention overseas, the UOB-LifeMedic VISA Gold Card is the essential travel aide," said Dr Benjamin Ng, LifeMedic's Chief Operating Officer. Said Mr Francis Hsu, Senior Vice President of UOB Card Centre, "We are pleased to work with LifeMedic to launch such an innovative card. The Card not only facilitates financial transactions and stores vital medical information, but also brings to our Cardmembers very relevant value-added services, including savings in their healthcare and lifestyle needs. The double benefits derived from this Card will certainly serve the needs of both existing and new LifeMedic™ members as well as UOB customers." In conjunction with the launch of the UOB-LifeMedic VISA Gold Card, all who sign up before 30 September 2001 will enjoy the first year of membership with up to two Supplementary Cards (worth S$120) free. Application forms are available at UOB Card Centre and LifeMedic. Existing LifeMedic™ members have an option to convert to the co-brand VISA Gold Card at no cost if they do so before 30 September 2001. Thereafter, they will be billed an annual renewal fee of S$80. UOB-LifeMedic VISA Gold Card Fact Sheet
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